
Feds sue Zelle, alleging nation's biggest banks failed to stop fraud
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
Watch CBS News
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
JPMorgan Chase beat expectations in the first quarter of 2024, reporting an increase in both profits and revenues. CEO Jamie Dimon says the numbers are strong, but he warns that uncertainties like inflation and war pose potential threats for the future. CBS News contributor Javier David has more.
The buying price of gold futures has hit multiple record highs this year, rising more than 14% in value since Jan. 2. Campbell Harvey, professor of finance at Duke University, joins CBS News to explain what's motivating buyers.
JPMorgan Chase CEO Jamie Dimon says he worries geopolitical events and U.S. political polarization "may very well be creating risks that could eclipse anything since World War II."
If America's most prominent banker and noted Wall Street critic Elizabeth Warren agree on one thing, it's that the crypto biz is out of control.
The agreement stems from a November lawsuit that alleged the bank ignored red flags about Epstein in order to keep his business.
The Dow Jones fell more than 200 points Thursday as regional bank stocks plummeted. Wall Street Journal banking and finance reporter Ben Eisen spoke with CBS News' Lana Zak and Errol Barnett about what the development means for investors.
On Wall Street, a string of banking industry failures is casting a cloud over midsize lenders such as PacWest and Western Alliance
Shares of Los Angeles lender PacWest Bancorp fell 28% as spooked investors bail from regional banks.
Stocks closed flat Monday following the FDIC's seizure and sale of First Republic Bank. And the Fed is expected to make its latest decision on interest rates soon. CapWealth Chief Investment Officer Tim Pagliara joined CBS News to discuss what the developments mean for the market and economy going forward.
JPMorgan Chase is taking over First Republic Bank after it was seized by federal regulators. It marks the third American bank failure in the past two months. Rachel Ensign, a reporter for The Wall Street Journal, joins CBS News with more.
JPMorgan Chase is buying the troubled lender after it became the second biggest bank failure in U.S. history.
California regulators have seized control of struggling First Republic Bank. The FDIC accepted a bid from JPMorgan Chase to assume First Republic's deposits and virtually all of its assets. Javier David, CBS News contributor and managing editor for business and markets at Axios, joined Anne-Marie Green and Vladimir Duthiers to discuss this latest major bank failure.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
Several major banks are seeing growth with the release of their first quarter earnings. The positive news comes a month after the collapse of Silicon Valley bank and Signature Bank. Jacob Sonenshine is a markets reporter at Barron's. He joins CBS News for more.
Collapse of Silicon Valley Bank and other lenders will reverberate "for years to come," top banking executive says.
Forced sale of a storied investment bank and lax U.S. financial rules are renewing concerns about the banking sector.
Prosecutors in the Virgin Islands allege Epstein paid off underage girls by wiring them funds from a Chase bank account.
Watch the full version of an interview with JPMorgan Chase CEO Jamie Dimon that aired on Dec. 11, 2022, on "Face the Nation with Margaret Brennan."
Missed the second half of the show? The latest on the Family of Emad Shargi urging Biden to do more to secure release from Iran; Fiona Hill and Chris Krebs on the Griner-Bout prisoner exchange; and Jamie Dimon opens a community branch in west Baltimore.
Jamie Dimon, the CEO of JPMorgan Chase, discusses the economic impact of Russia's war in Ukraine, China loosening its "zero COVID" policy, mortgage rates and more.
This week on "Face the Nation with Margaret Brennan," President Biden reaches a deal with Vladimir Putin to free an American, but where does this high-stakes diplomacy lead? We'll speak to Democratic Rep. Adam Schiff of California and the family of another American held in Iran. Plus, JPMorgan Chase CEO Jamie Dimon, Fiona Hill and Chris Krebs join us.
J.P. Morgan Chase & Co. CEO Jamie Dimon, House Intelligence Committee Chairman Rep. Adam Schiff, and more, will appear on "Face the Nation with Margaret Brennan" this Sunday.
JPMorgan Chase CEO Jamie Dimon spoke with "Face the Nation" moderator Margaret Brennan about the state of the economy and how geopolitical issues could play a role. He warned of a mild recession in 2023. Brennan joins CBS News' John Dickerson on "Prime Time" with more on the interview.
Rapper formerly known as Kanye West was recently blocked on Twitter and Instagram for making antisemitic comments.
President Trump has signed a string of executive orders in recent weeks targeting some of the nation's most prominent law firms.
Top ICE official calls removal of Kilmar Abrego Garcia on deportation flight that sent him to a supermax prison in El Salvador an "administrative error."
Democratic Sen. Cory Booker of New Jersey began speaking around 7 p.m. on Monday and said he would continue speaking "for as long as I am physically able."
The most expensive judicial election in American history comes to an end Tuesday evening in Wisconsin.
AG Pam Bondi directed federal prosecutors to pursue the death penalty against Luigi Mangione, the UnitedHealthcare CEO murder suspect.
A senior official with the U.S. Department of Homeland Security claimed, without evidence, that the student was a "terrorist sympathizer."
House Speaker Mike Johnson called the outcome "disappointing," adding that a "handful of Republicans joined with all the Democrats to take down a rule — that's rarely done."
After his 21-hour speech in 2013, Cruz said the most common question he was asked was about going to the bathroom.
The Florida contests, along with an election for Wisconsin Supreme Court also being held on Tuesday, mark the first elections since Mr. Trump returned to office.
Each year, more than 400 Americans die from unintentional carbon monoxide poisoning. Here's what to know about traveling with a detector.
A senior official with the U.S. Department of Homeland Security claimed, without evidence, that the student was a "terrorist sympathizer."
President Trump is expected on April 2 to announce reciprocal tariffs on a number of other countries. Here's what to know about these import taxes.
A federal judge has rejected a Trump administration bid to move Mahmoud Khalil's legal case to Louisiana.
Democratic Sen. Adam Schiff intends to put an indefinite hold on Ed Martin's nomination to be the top prosecutor in Washington, D.C.
Each year, more than 400 Americans die from unintentional carbon monoxide poisoning. Here's what to know about traveling with a detector.
President Trump is expected on April 2 to announce reciprocal tariffs on a number of other countries. Here's what to know about these import taxes.
The Trump administration is finalizing plans for investors that could include Blackstone and Oracle.
CBS News is tracking the rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from grocery items to cars and trucks.
European Union already intends to impose duties on U.S. goods worth some $28 billion in mid-April in response to Trump's steel and aluminum tariffs.
After his 21-hour speech in 2013, Cruz said the most common question he was asked was about going to the bathroom.
A senior official with the U.S. Department of Homeland Security claimed, without evidence, that the student was a "terrorist sympathizer."
Democratic Sen. Adam Schiff intends to put an indefinite hold on Ed Martin's nomination to be the top prosecutor in Washington, D.C.
President Trump has signed a string of executive orders in recent weeks targeting some of the nation's most prominent law firms.
The Trump administration is finalizing plans for investors that could include Blackstone and Oracle.
Each year, more than 400 Americans die from unintentional carbon monoxide poisoning. Here's what to know about traveling with a detector.
The Navajo Nation has a unique program to fight sexually transmitted infections, including syphilis.
It is unclear what will happen to hundreds of pending requests for public information as the health agencies slash staff.
The lawsuit, filed in Rhode Island, calls the HHS cuts to public health grants illegal.
Intermittent fasting has long been a controversial weight loss technique. A new study looks at how effective it is compared to daily calorie counting.
A toddler unearthed an ancient treasure dating back to the Middle Bronze Age during a trip to the archaeological site Tel Azekah earlier this month.
European Union already intends to impose duties on U.S. goods worth some $28 billion in mid-April in response to Trump's steel and aluminum tariffs.
One recruit who reportedly survived the Jalisco cartel ranch said those who refused or tried to escape were beaten, tortured and killed.
The camera, which has been underwater for 55 years, was part of the Loch Ness Investigation Bureau's first attempt at underwater photography.
Nigerian boxer Gabriel Oluwasegun Olanrewaju was pronounced dead after losing consciousness during a fight in Accra, Ghana, boxing officials said.
Kim Delaney, an Emmy-winning actor known for her role on "NYPD Blue," will not face criminal charges in connection with her arrest in Marina Del Rey in an alleged domestic dispute over the weekend.
Actor Román Zaragoza spoke to "CBS Mornings" about hope for his character's struggling love life in the CBS comedy, "Ghosts."
Magician and puzzle master David Kwong joins "CBS Mornings Plus" to talk about his new children's book, "How to Fool Your Parents," which teaches over two dozen magic tricks, just in time for April Fools' Day.
Actor Roman Zaragoza joins "CBS Mornings" to talk about his role as Sass on the hit CBS comedy "Ghosts," and how a returning character could stir up his love life.
Comedian Mo Amer, known for his award-winning show "Mo" and his Netflix special "Mohammed in Texas," reflects on turning his experience as a Palestinian-American refugee into powerful, personal comedy. He speaks with CBS Mornings at The Improv about family, displacement, and why laughter is necessary
As cryptocurrency and artificial intelligence advancements are made, U.S. demand for the energy needed to power massive mining and data centers grows. David Turk, former deputy secretary of the U.S. Department of Energy, joins "The Daily Report" to discuss how much energy the U.S. needs and the potential environmental impacts.
White House chief of staff Susie Wiles was among the contacts listed in Waltz's Venmo account.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Several newspapers have sued OpenAI and Microsoft, seeking to end the practice of using their stories to train artificial intelligence chatbots.
The Senate Intelligence Committee heard testimony on Tuesday from key players involved in a group chat on the messaging app Signal, in which the U.S.'s highly sensitive plans to bomb Houthi targets in Yemen were discussed inadvertently with a journalist. President Trump said that his administration would investigate the government's use of Signal. CBS News contributor and former CIA official Andrew Boyd has more on what it is and how it's used.
Originally scheduled for just 8 days aboard the International Space Station, the two astronauts spent over 9 months in orbit due to delays with their Boeing Starliner return. Now back on Earth, they share how they coped, what they missed most, and how the mission unexpectedly became political.
Authorities in Iceland were forced by a new volcanic eruption to evacuate dozens of homes and shut down the hugely popular Blue Lagoon tourist attraction.
The international all-civilian Fram2 crew is the first in space history to fly to orbit with no licensed pilot or trained astronaut on board.
"I've seen a lot of strange insects, but this has to be one of the most peculiar-looking ones I've seen in a while," said one entomologist.
Bees play a key role in the U.S. food supply, and the mass deaths could jeopardize that.
Attorney General Pam Bondi says the Department of Justice will seek the death penalty in the case against Luigi Mangione for the murder of UnitedHealthcare CEO Brian Thompson in New York City. CBS News' Shanelle Kaul reports.
AG Pam Bondi directed federal prosecutors to pursue the death penalty against Luigi Mangione, the UnitedHealthcare CEO murder suspect.
One recruit who reportedly survived the Jalisco cartel ranch said those who refused or tried to escape were beaten, tortured and killed.
A new trial is underway in the case surrounding Boston police officer John O'Keefe's death. Karen Read, O'Keefe's former girlfriend, is facing second-degree murder and other charges after her first court case ended in a mistrial in 2024. CBS News' Katrina Kaufman has more.
Carolos Lehder, who served over 30 years in a U.S. prison, once owned a luxurious hotel, which had caged lions and a large statue of John Lennon.
Butch Wilmore and Suni Williams are sharing more details about their experience in space aboard the International Space Station after their time in Boeing's Starliner capsule. CBS News' Mark Strassmann spoke to the pair about their journey.
Astronauts Butch Wilmore and Suni Williams addressed the media for the first time Monday since returning to Earth almost two weeks ago. CBS News senior national correspondent Mark Strassmann reports from the Johnson Space Center in Houston, Texas.
NASA astronauts Sunita "Suni" Williams and Barry "Butch" Wilmore are adjusting to life back on Earth after spending more than nine unplanned months in space. The astronauts discussed their science mission at a news conference on Monday from the agency's Johnson Space Center in Houston. Former NASA astronaut Dr. Tom Marshburn joins CBS News to unpack the pair's comments.
NASA astronauts Butch Wilmore and Sunita Williams, who were stuck in space for more than nine months, took questions after returning to Earth.
The international all-civilian Fram2 crew is the first in space history to fly to orbit with no licensed pilot or trained astronaut on board.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Layoffs began at the Department of Health and Human Services on Tuesday as Secretary Robert F. Kennedy Jr. set out to cut about 10,000 full-time jobs. Dr. Deborah Birx, former White House coronavirus response coordinator, joins "America Decides" with her reaction.
The U.S. and economies around the world are bracing for the impact of President Trump's new global tariffs, which are expected to hit on Wednesday. In Wisconsin, voters are deciding a seat on the state Supreme Court, and Florida voters in two congressional districts are also heading to the polls. CBS News' Ed O'Keefe, Olivia Rinaldi and Caitlin Huey-Burns have the latest.
The Dow Jones slipped slightly on Tuesday as investors braced for President Trump's reciprocal tariff announcement. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Voters are heading to the polls in Wisconsin and Florida to cast their ballots in three critical special elections Tuesday. CBS News' Ed O'Keefe and Taurean Small have the latest.
President Trump is expected to announce tariffs at a "Make America Wealthy Again" event tomorrow; China carries out military drills near Taiwan.